How Can Paraguay Promote Skills through Korea TVET ODA?

Abstract

Korea has continued steady growth in its official development assistance volume. Korea provided USD 2.2 billion, representing 0.14 percent of its gross national income (GNI) in 2020. Korea’s ODA budget has grown steadily. The Korean ODA project is expected to continue to increase in the field of TVET (technical vocational education and training) for developing countries. In early stage, the ODA project has been centered on Asian developing countries, but it is gradually expanding to Latin America and Africa. This paper analyzes the economy and ODA support status of Bolivia, Colombia, Paraguay, and Peru which are Korea's key ODA partners. Among the four countries, Paraguay's TVET and ODA current status are intensively focused. Through this, a plan for improving ODA performance and establishing a vocational education and training system is suggested. Suggestions for the improvement policies are as establishment of goal, vision and strategy for national TVET policy, establishment of comprehensive coordination mechanism between the government and the private sector, and establishment, promotion of TVET system and program.